The third edition of this standard text retains the popular "cookbook" features of earlier editions and includes expanded and new coverage of such topics as bank valuation, the Black-Litterman portfolio selection model, Monte Carlo pricing methods, array function, and getting information from the Internet with VBA.
Amazing resource that walks you through finance principles and bridges it with examples using Excel. Great reference to have on your bookshelf for when you need a refresher!
The book is targeted at absolute beginners, this book serves as a decent entry point into finance and Excel. At the same time, it is quite wordy for the amount of material it covers; it teaches the 'how' but often overlooks the underlying 'why'
The 1st 5 chapters on modeling inter-connected financial statements using Excel is worth 10 times the price of the book. The rest of the book is for finance geeks. Only a dimwit would give this anything less than 4 stars.